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COLOMBIA: Bavaria adds to Backus stake

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Colombia's leading brewer Bavaria has announced the purchase of a further stake in the Peruvian brewer Union de Cervecerias Peruanas Backus & Johnston SAA.

Bavaria already controls a majority stake in the company and has added to it with the purchase of another 3.77 million class A shares in the brewer for $27 each.

The move takes Bavaria's stake to 74% of Backus.


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